$775 Million Market Projected for Grinding Equipment

Capital Spending Survey ResultsThe 2013 Gardner Research Capital Spending Survey and Forecast results indicate that U.S. manufacturers are forecasting to increase investments in new metalcutting equipment more than 8% in 2013.

$775 Million Market Projected for Grinding EquipmentCylindrical/external grinding is the largest projected segment of the grinding equipment market with projected spending of $230.3 million. The table below represents spending intentions for grinding equipment.

Automotive Largest Spender on Cylindrical/External Grinding EquipmentThe largest segment of this market is automotive with projected spending of $70.1 million. The table below represents spending intentions for cylindrical/external grinding by industry.

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